Lightspeed bets $250M on India's AI startups
lightspeed targets $250m for new india fund focusing on early-stage ai startups. this move signals a sharper focus on ai in the region.
lightspeed is targeting $250m for its new india fund, lightspeed india partners v, which will focus on early-stage ai startups. the firm has already committed 80% of the capital and plans to start investing within two months. this move signals a sharper focus on ai in india, where lightspeed has backed startups like sarvam ai. the new fund is half the size of its predecessor, raised in 2022.